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How To Educate Your Kids Financial Wise: The 4 Basic Principles.

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     I recognize that teaching how our children should deal with money is controversial, as surely everyone agrees that it is essential, but at the same time, the way it should be done is not unanimous. Anyway, I believe that there are four basic principles that must be followed: Principle # 1 : Educate yourself financially You can't teach someone something you don't know. Learn as much as possible about budgeting, saving, investing, cutting expenses and managing debt. Principle # 2 : Be an example It is one thing for you to say what your children should do. However, if you are doing the opposite, they will certainly learn more through your actions than your words. To teach how to control spending, you also need to do the same. Guide them through good examples. Principle # 3 : Teach one habit at a time Your children will not become financial experts overnight ... Not even in a month ... or even in a year. Your goal should be to teach them these lessons throughout your childhoo

Wall Street Bets and Palantir.

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If you don't know what wall street bet is, I'll try to summarize it. Imagine a place with a bunch of people throwing the craziest type of ideas, and they all know it's crazy, yet many of them go and make it real. Well, that pretty much is wall street bets, this subreddit makes the most surreal type of financial decisions and post there so everyone can see their success and failure. Palantir is a pretty controversial company because of its work with some agencies of the U.S government, yet it's been working more with commercial companies. They work in big data analytics and still has not yet reported a profit.  Even before the company going public people at the WSB(wall street bets) community were already thinking about it and some of the reactions were people already thinking they should "buy buy buy" and go "all in". I'd say that pretty much is like what has happened after it's IPO. Its listing price started at $10 a share, and on the first

Incredible Tips To Do a Cheap Travel

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     I decided to put together some little tips of topics that you need to worry about to make that big trip, spending little and still enjoying a lot.       So, from now on, I will talk about some important tips for you to make that trip of your dreams cheaper, and that fits within your budget. 1 - Priority      The first point is the issue of priority. Why do I talk about it? Because I see a lot of people saying, "I really wanted to travel", "I wanted to travel like you" ... but, in fact, it does not prioritize this event. Whether because it is not that important, or because of excessive consumerism, most people fail to prioritize the trip or fail to see the great value that exists in the experiences. I see people who have credit card expenses of 400, 500, 1000 dollars (or even more than that) complaining that they can't travel, that traveling is expensive, that they can't plan for it. But they manage to plan to be paying a very high credit card bill. Oft

The Importance Of a Job Well Done.

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     A job well done is like "getting what you see right, and also achieving what you haven't seen". Nowadays, people are spending less and less time on jobs well done. Concentrated work, an activity that requires maximum concentration and minimum distractions, is something very scarce and, therefore, rare today. And the rarer it is, the more valued it tends to be. This is because people, society in general, are reducing their ability to focus, attention and concentration in the face of (a) excess information, which leads to distraction; and (b) the excess of inattention caused by the widespread addiction resulting from lights and screens that invite relaxation and the incessant search for novelties to appease the insatiable thirst of the brain for more dopamine.              When was the last time you were able to do something continuously for 50 consecutive minutes, without being interrupted by a cell phone notification, a phone call, someone calling you, or an inte

Democracy is in danger

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       More than a week after people voted and President Donald Trump has not yet conceded the election and still claims that he won. There is a 6 million vote gap between President-elect Joe Biden and President Trump and also Biden has 306 electoral-colleges votes, versus Trump's 232, making it very obvious who won it.      However, President Trump still has not acted as every President elected in a democratic country and conceded the election. This is a danger to democracy in America and abroad, with many other countries that see America as a beacon of democratic values.     The worst of it all is to watch so many republican officials play along with this, making everything even worse. It's time to tell him he needs to stop, this is not how democracies work. Trying to win an election with lawsuits without evidence makes us all look bad, exposing how low our democratic values have been disregarded as the norm and instead uncovering that for some politicians power is the only t

Why is money taboo ?

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     Why is money such a touchy subject to talk about? I believe it's most likely because of the judgment we believe we will receive for talking about it, but this shouldn't stop us.     Money is a taboo subject in every relationship we have, let it be friends, parents and there are even some romantic relationships that just talk about finances way down the road. It's understandable that people feel shy or embarrassed about comparing finances, since if anyone talks about how much they make the other person will most likely compare it to themselves.      Talking about money might be a super interesting way to learn a bunch about finances, it's always good to know good and reasonable financial advice so that you can learn from other people's mistakes.      Comparing the finances might be something that freaks some people out, but there is one thing that may make them be completely horrified is to talk about debt. Debt is such a forbidden topic that a lot of parents hi

Tips To Not Lose Money in The Current Crisis!

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     The coronavirus crisis is here, impacting many lives. There are reasons for much concern and care, respecting the others and avoiding the proliferation of the virus, but is also very important to avoid the despair. The personal finances are in risky but with organization and care we will get through this crisis. Continue reading this article to know the best way to deal with this difficult situation.      Create Stocks - Many people have already gone out to buy all the stocks of goods, even useless ones. Just be careful to don't end up buying unnecessary things driven by fake news. Don't forget to always search for the real information.      Home office or quarantine - working or being isolated at home does not mean savings, often this can result in more expenses, as people go to the fridge all the time to eat something.There are also expenses with energy, internet and others that will have greater consumption . It's time to make a good financial plan to avoid losing m